Napa Wealth Management Takes Position in Broadcom Inc. $AVGO

12 Dec 2025, 15:08 by Tristan Rich · The Markets Daily

Napa Wealth Management acquired a new position in Broadcom Inc. (NASDAQ:AVGO – Free Report) during the 2nd quarter, HoldingsChannel reports. The fund acquired 1,700 shares of the semiconductor manufacturer’s stock, valued at approximately $469,000.

Several other large investors have also bought and sold shares of the stock. Sawyer & Company Inc grew its position in shares of Broadcom by 62.1% in the 2nd quarter. Sawyer & Company Inc now owns 94 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 36 shares during the last quarter. Longfellow Investment Management Co. LLC acquired a new position in shares of Broadcom in the second quarter worth approximately $27,000. Legend Financial Advisors Inc. bought a new stake in Broadcom in the second quarter valued at approximately $28,000. LGT Financial Advisors LLC acquired a new stake in Broadcom during the 2nd quarter valued at approximately $31,000. Finally, New England Capital Financial Advisors LLC bought a new position in Broadcom during the 2nd quarter worth approximately $31,000. 76.43% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AVGO has been the topic of a number of analyst reports. Bank of America upped their price objective on shares of Broadcom from $400.00 to $460.00 and gave the company a “buy” rating in a research note on Monday, December 1st. Citigroup reaffirmed a “buy” rating and set a $415.00 price target (up previously from $350.00) on shares of Broadcom in a research report on Tuesday, October 14th. Deutsche Bank Aktiengesellschaft set a $400.00 price objective on Broadcom and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Oppenheimer restated an “outperform” rating and set a $435.00 target price (up previously from $400.00) on shares of Broadcom in a research report on Friday, December 5th. Finally, Wall Street Zen downgraded Broadcom from a “buy” rating to a “hold” rating in a report on Sunday, November 23rd. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $392.46.

Read Our Latest Research Report on Broadcom

Broadcom Stock Performance

Shares of Broadcom stock opened at $406.37 on Friday. The business has a 50-day simple moving average of $362.74 and a 200 day simple moving average of $316.47. Broadcom Inc. has a one year low of $138.10 and a one year high of $414.61. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.50 and a quick ratio of 1.37. The firm has a market capitalization of $1.92 trillion, a price-to-earnings ratio of 103.67, a PEG ratio of 1.41 and a beta of 1.19.

Broadcom (NASDAQ:AVGO – Get Free Report) last announced its quarterly earnings data on Thursday, December 11th. The semiconductor manufacturer reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.08. The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $17.46 billion. Broadcom had a return on equity of 36.60% and a net margin of 31.59%.The company’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.42 earnings per share. On average, research analysts anticipate that Broadcom Inc. will post 5.38 earnings per share for the current fiscal year.

Broadcom Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 22nd will be paid a dividend of $0.65 per share. This is a boost from Broadcom’s previous quarterly dividend of $0.59. The ex-dividend date is Monday, December 22nd. This represents a $2.60 dividend on an annualized basis and a yield of 0.6%. Broadcom’s dividend payout ratio (DPR) is presently 60.20%.

Insider Activity

In related news, CFO Kirsten M. Spears sold 7,498 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $347.66, for a total value of $2,606,754.68. Following the transaction, the chief financial officer owned 313,330 shares of the company’s stock, valued at approximately $108,932,307.80. This trade represents a 2.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hock E. Tan sold 100,000 shares of Broadcom stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $339.58, for a total value of $33,958,000.00. Following the transaction, the chief executive officer owned 725,638 shares of the company’s stock, valued at $246,412,152.04. This trade represents a 12.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 837,433 shares of company stock valued at $303,900,352. 2.00% of the stock is currently owned by insiders.

About Broadcom

(Free Report)

Broadcom Inc designs, develops, and supplies various semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V based products worldwide. The company operates in two segments, Semiconductor Solutions and Infrastructure Software.